Analysts at JMP Securities have initiated coverage of mountain resort operator Intrawest Resorts Holdings Inc. (NYSE:SNOW) with a Market Perform rating. The price target has been set at $17 a share. In pre-market activity, SNOW shares are unchanged at $8.07, and move within a 52-week range of $10.80 – $14.67. Shares of Cara Therapeutics (NASDAQ:CARA)…
Paragon Shipping (NASDAQ:PRGN) firms after Jefferies & Co. initiates coverage with a buy rating a $12 price target. Jefferies said the outlook for dry bulk shipping is attractive, and Paragon has an attractive valuation. In afternoon trading, PRGN was up 3.05% to $6.67, at a 36% discount to Jefferies’ estimated net asset value (NAV). Shares…
Canadian Solar (NASDAQ:CSIQ) is up 5.7% on heavy volume to $39.94 after JP Morgan initiated coverage at overweight, with a price target of $55 per share. Separately, the solar energy company said it won a module supply agreement to provide 18MW of photovoltaic modules to Hitachi, Ltd. in Japan. The project is expected to be…
Some of the notable analyst actions for Monday morning include: Halliburton Company (NYSE:HAL) has been downgraded by Wells Fargo to a Market Perform rating from Outperform. The firm left its price target on the stock unchanged at $57 a share. HAL shares are just higher in pre-market activity at $55.75, and move within a 52-week…
RBC Capital downgraded shares of Brookfield Residential Properties Inc (NYSE:BRP) from an outperform rating to a sector perform rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. They currently have $23.00 target price on the stock. Brookfield Residential Properties Inc (NYSE:BRP) stock performance was 1.29% in last session and finished the day at…
Citigroup upgraded it rating on Regeneron Pharmaceuticals Inc (NASDAQ:REGN) to Buy from Neutral after its survey of retinal surgeons indicated the company’s Eylea drug will beat estimates over the near and long term. Citi also believes Regeneron’s pipeline is not adequately reflected in the current share price. The firm raised its price target for the…
